Heat Transfer Fluids Market by Type (Mineral Oils, Silicones & Aromatics, and Glycols), End-use Industry (Chemical Processing, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, and Food & Beverage), and Region - Global Forecast to 2022
|出版日||ページ情報||英文 141 Pages
|熱媒液の世界市場の予測 〜2022年：タイプ（鉱物油、シリコーン・芳香族化合物、グリコール）、エンドユーザー産業、地域別 Heat Transfer Fluids Market by Type (Mineral Oils, Silicones & Aromatics, and Glycols), End-use Industry (Chemical Processing, Oil & Gas, Automotive, Renewable Energy, Pharmaceuticals, and Food & Beverage), and Region - Global Forecast to 2022|
|出版日: 2017年11月16日||ページ情報: 英文 141 Pages||
熱媒液（HTF：Heat Transfer Fluids）の世界市場は、2017年から2022年にかけて6.9%の複合年間成長率（CAGR）で推移し、2017年には26億1000万米ドルに、2022年には36億4000万米ドル規模に拡大するものと見込まれています。化学および石油・ガス産業での高需要が当市場の主な促進要因となっています。
"The heat transfer fluids market is projected to grow at a CAGR of 6.9% in terms of value during the forecast period"
The heat transfer fluids market was valued at USD 2.61 billion in 2017 and is projected to reach USD 3.64 billion by 2022, at a CAGR of 6.9% from 2017 to 2022. The growing demand from the chemical and oil & gas industries for energy optimization is driving the heat transfer fluids market, while fire and explosion hazards restrain demand.
Silicones & aromatics is the highest growing heat transfer fluid type. High performance properties such as ability to withstand high temperatures and high energy efficiency are major factors responsible for the high growth of the market. Moreover, this type is widely used in the chemical processing end-use industry, which is the largest market for heat transfer fluids globally.
Renewable energy is the fastest-growing end-use industry due to increasing efforts across the world to conserve energy and use alternative sources of energy which are environment friendly. Heat transfer fluids are used in concentrated solar plants and for bio-diesel production. Growing demand for concentrated solar power for primary energy purposes in developed and emerging countries such as the US, China, Spain, South Africa, and India are also major factors for highest growth rate.
The Asia Pacific heat transfer fluids market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for heat transfer fluids in chemical and oil & gas projects. Countries in the Asia Pacific are expanding their production capacities and investing in new projects to decrease dependence on imports and thereby boosting regional energy security and autonomy.
This study has been validated through primaries conducted with various industry experts, worldwide. The primary sources have been divided into three categories, namely, company type, designation, and region.
The key players profiled in the report include Dow (US), Eastman (US), Exxon Mobil (US), Chevron (US), Paratherm (US), BASF (Germany), Lanxess (Germany), Huntsman (US), and Global Heat Transfer (UK).
The report offers insights on heat transfer fluids used for various applications in various end-use industries across regions. It aims at estimating the size of the heat transfer fluids market during the forecast period and projects future growth potential of the market across different segments, such as form, end-use industry, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the heat transfer fluids market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.
The report will help market leaders/new entrants in the heat transfer fluids market by providing them the closest approximations of the revenues for the overall market and its various subsegments. This report will help stakeholders obtain a better understanding of the competitive landscape and gain insights to enhance their businesses and devise suitable market strategies. The report will also help stakeholders understand the pulse of the market and help acquire information on key market drivers, restraints, challenges, and opportunities impacting the growth of the heat transfer fluids market.
*Business overview, Products offered, Recent developments, MNM view, SWOT analysis might not be captured in case of unlisted companies.